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The Latest Breaking News from Wilko

Kingfisher shares hammered after B&Q owner warns on profits

CEO Thierry Garnier keeping watch on the Bank of England after high interest rates hit Polish market

Evening Standard

We shed crocodile tears over our high streets then click online and finish them off

Brexit, Covid and rising costs all contributed to closures like Wilko, but we lazy, hypocritical shoppers played a part

The Guardian - UK

The Range buys Wilko meaning name will not disappear from UK high streets

The Range confirmed it will sell Wilko products “in-store”

The Independent UK

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The Range buys Wilko brand in multimillion-pound deal

The homeware retail brand has also bought the intellectual property rights of Wilko, but none of its stores

The Guardian - UK

The Range set to buy Wilko brand in £5m deal

Administrators at PwC have sought to sell off Wilko’s assets in recent weeks, including its brand and shops, after failing to secure a rescue deal.

Evening Standard

Rishi Sunak pledges support for redundant Wilko workers amid chain’s collapse

The retailer, founded in Leicester in 1930, plunged into administration last month after struggling with losses.

The Independent UK

‘I feel anger; it never needed to have happened’ – Wilko workers lament closures

Staff at the stricken retailer talk of how things went downhill fast and voice fears for their futures

The Guardian - UK

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‘You could get everything here’: Wilko customers make final shopping trip as closures begin

Wilko in Brownhills has final trading day after retailer went into administration with the loss of 12,000 jobs

The Guardian - UK

Poundland moves to buy 71 Wilko sites with possible jobs guarantee for staff

PwC says owner plans to reopen stores under Poundland brand throwing lifeline to as many as 1,800 staff

The Guardian - UK

The full list of Wilko stores set to become Poundlands

Administrators have agreed to sell 71 shops to Pepco and the conversion to Poundland stores is already underway at many locaations

Evening Standard

Pepco to take over up to 71 Wilko stores and make them Poundland shops- Full list

Pepco has agreed with Wilko's administrators that up to 71 Wilko stores will become Poundland shops.

The National (Scotland)

Poundland owner Pepco to buy up to 71 Wilko stores

It comes a day after administrators confirmed all the group’s remaining shop, warehouse and support centre workers are set to lose their jobs.

The Independent UK

Poundland to save 71 Wilko shops in last-minute deal and rebrand them under its own name

The discount retailer is not able to guarantee that all jobs at these locations will be saved, but said it would “prioritise” the recruitment of ex-Wilko staff

Evening Standard

Wilko: what insolvency really means for the budget retailer and why its competitors are surviving (for now)

All 400 of Wilko’s shops are now expected to close over the next month, leaving 12,500 people without jobs across the UK. The budget retailer’s administrator PwC announced the news after it struggled to secure a rescue deal for Wilko to continue operating.

The Conversation

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The Guardian - UK

UK grocery price inflation slows but shoppers worried by soaring bills

Aldi and Lidl enjoy sales increase and own-label ranges thrive as consumers seek out bargains

The Independent UK

What happened to Wilko and when will the last shops shut?

The closure of the firm’s remaining 400 stores and the loss of 9,100 staff was confirmed by administrators PwC on Monday

The Independent UK

Wilko: List of 124 stores set to close next week

The retailer has announced 124 more stores which will shut between Sunday September 17 and Thursday September 21.

Evening Standard

All Wilko shops to close with 9,100 job losses

PwC said that it had tried but failed to find someone to save part of the business

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The National (Scotland)

All Wilko shops to close with over 9000 job losses as rescue deal collapses

Another 9100 people who work for failed retailer Wilko will be made redundant, administrators confirmed on Monday after talks to save hundreds of…

Evening Standard

The collapse of Wilko casts a pall over the High Street

City Comment: If Wilko’s name is finally erased from the High Street it will be missed by more than just its staff and loyal customers

The Independent UK

All 400 Wilko stores to close by early October, says union

It means redundancies now look likely for all 12,500 staff at the historic high street chain.

The National (Scotland)

Full list of Wilko stores as GMB union says all will close early next month

GMB Union has said all 408 UK Wilko stores will close by next month resulting in more than 12,500 job losses after a rescue bid from HMV's Doug…

The Independent UK

Full list of Wilko shops closing this week

The 90-year-old retailer will close 52 branches across Tuesday and Thursday after failing to secure a deal to rescue the stores

The Independent UK

Thousands of jobs at risk after HMV owner’s Wilko rescue bid collapses

Administrators for the high street chain had been in discussions with Doug Putman over a deal to buy around 200 Wilko shops

The Independent UK

Wilko rescue hopes fade as talks with HMV owner collapse

Administrators for the high street chain had been in discussions with Doug Putman over a deal to buy around 200 Wilko shops.

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